Nokia Oyj

Common Name
Nokia
Country
Finland
Sector
Technology
Industry
Communication Equipment
Employees
78,434
Ticker
NOKIA
Exchange
NASDAQ HELSINKI LTD
Description
Nokia Oyj is a multinational corporation specializing in telecommunications, information technology, and consumer electronics. With a rich history dating back to 1865, Nokia has evolved from its origi...

Nokia's GHG Emissions Data Preview

In 2024, Nokia completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Nokia has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Nokia's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Nokia amounted to 352,312 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Nokia decreased by 2.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Nokia's Scope 1 Emissions Over Time

201920202021202220232024030 k60 k90 k120 ktCO2e+93%+5%+2%-62%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Nokia's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nokia were 38,447 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Nokia reduced its Scope 1 emissions over time?

Since 2019, Nokia's Scope 1 emissions have decreased by 23.18%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Nokia's Scope 1 emissions decreased by 2.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Nokia's Scope 2 emissions?

In 2024, Nokia reported Scope 2 greenhouse gas (GHG) emissions of 52,051 tCOâ‚‚e using the market-based method, and 313,865 tCOâ‚‚e using the location-based method.

Has Nokia reduced its Scope 2 emissions over time?

Since 2019, Nokia's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 25.61%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Nokia's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nokia 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Nokia use for Scope 2 reporting?

In 2024, Nokia reported its Scope 2 emissions using the market-based method and using the location-based method.

Nokia's Scope 2 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nokia's Value Chain Emissions

In 2024, Nokia reported 25,921,110 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Nokia includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Nokia's Scope 3 Emissions Over Time

201920202021202220232024015 M30 M45 M60 MtCO2e-11%+14%-3%-9%-28%
  • Total Scope 3
  • Year-over-Year Change

What are Nokia's Scope 3 emissions?

In 2024, Nokia reported total Scope 3 emissions of 25,921,110 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 4.57% of these emissions originated from upstream activities such as purchased goods and capital goods, while 95.43% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Nokia reduced its Scope 3 emissions over time?

Since 2019, Nokia's Scope 3 emissions have decreased by 35.25%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Nokia's Scope 3 emissions decreased by 27.83%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Nokia disclose?

In 2024, Nokia reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Nokia's Scope 3 emissions?

In 2024, the largest contributors to Nokia's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 24,736,044 tCOâ‚‚e (95.43%)
  • Purchased Goods and Services (Cat. 1): 962,134 tCOâ‚‚e (3.71%)
  • Upstream Transportation and Distribution (Cat. 4): 160,178 tCOâ‚‚e (0.62%)

Nokia's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(95.4%)Purchased Goods andServices (Cat. 1)(3.7%)

Insights into Nokia's Total Carbon Footprint

In 2024, Nokia reported a total carbon footprint of 26,273,422 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.58% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Nokia's total carbon footprint was Scope 3 emissions, accounting for 98.66% of the company's total carbon footprint, followed by Scope 2 emissions at 1.19%.